£487,978
This estimated value is based upon the latest sale price for the house of £395,000 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£395,000 | 15 Mar 2019 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in March 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £395,000 results in an estimated price of approximately £487,978.
15 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £395,000 | £92,978 | £487,978 |
The Postcode Pricing Model uses changes in average sales price within the IP3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 24.991 % | £98,715 | £493,715 |
3 Month Average | 17.914 % | £70,761 | £465,761 |
6 Month Average | 7.197 % | £28,427 | £423,427 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £430,504 | £425,000 | 2 MELPLASH CLOSE |
24 Jul 2023 | £476,412 | £470,000 | 21 CUCKFIELD AVENUE |
15 Feb 2023 | £444,701 | £445,000 | 79 ARUNDEL WAY |
13 Jan 2023 | £378,218 | £380,000 | 13 MELPLASH ROAD |
20 Jul 2022 | £416,120 | £415,000 | 61 ARUNDEL WAY |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 5 Oct 2018. Using an estimated price of £487,978 means this house is valued at £4,692 per sq meter (£435 per sq foot).
The average size of a house on CUCKFIELD AVENUE is 122 sq meters (1,316 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Heathlands Park |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Heathlands Park |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Heathlands Park |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Heathlands Park |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Heathlands Park |